Contracts/Deals: Software firm iCIMS acquires social recruiter Jobmagic

Talent acquisition software solutions firm iCIMS has acquired social recruiting solution provider Jobmagic.
Tue, 11 Sep 2012

Talent acquisition software solutions firm iCIMS has acquired social recruiting solution provider Jobmagic.

The two had been working alongside as partners before the acquisition. Jobmagic’s corporate HQ will remain in Waltham, Massachusetts.

Following a $35m (£22m) minority investment in January by Susquehanna Growth Equity, iCIMS is looking to grow its business and is on course to increase full-time staff by almost 30% across 2012.

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